Taxes
A tax given to employees in a exchange for medical care after age 65.
Medicare Tax
Employee reception plan for percentage of net sales.
Commission basis
Person who is hired
Employee
Time and a half
Taxes given to employers in the benefit of the unemployed.
FUTA
Wages based on stated rate per hour.
Hourly rate basis
Employees on salary who are supervisors or managers but do not receive hourly wage
Exempt employees
A federal act giving benefits towards employees
SS Act
Tax given to citizen automatically taken out of wage on the purpose of retirement.
Social Security Tax
Wages based on agreed weekly or monthly amount.
Salary basis
Someone paid to work but not leveraged with the company
Independent contractor
Record of employees to compute earnings and taxes
Individual earnings record
Tax given to employers in benefit of the unemployed however, it is to be collected by the state.
State Unemplyment Tax
Wages based on number of units produced.
Piece-rate
Document used to claim allowance exemption
W-4 Form
Record of what someone has earned
Compensation record
Earnings in benefit of the social security program.
Tax exempt wage
Method to determine federal income tax amount after tax to be withheld.
Wage brakcet table method.
Insurance protecting the payment of employees under work related injuries
Workers' Compensation Insurance
A daily record of employee payroll information
Payroll register